RPD stock rated an Underperform by DA Davidson

In a filing, Rapid7 Inc revealed its Chief People Officer Luconi Christina unloaded Company’s shares for reported $0.29 million on Apr 07 ’25. In the deal valued at $23.12 per share,12,551 shares were sold. As a result of this transaction, Luconi Christina now holds 58,165 shares worth roughly $1.42 million.

Then, CHRISTINA LUCONI bought 12,551 shares, generating $297,208 in total proceeds.

Before that, Luconi Christina sold 21,488 shares. Rapid7 Inc shares valued at $616,184 were divested by the Chief People Officer at a price of $28.68 per share. As a result of the transaction, Luconi Christina now holds 70,716 shares, worth roughly $1.72 million.

DA Davidson downgraded its Rapid7 Inc [RPD] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early April with a ‘”an Equal-weight”‘ rating. Stifel revised its rating on January 17, 2025. It rated RPD as “a Hold” which previously was an “a Buy”.

Price Performance Review of RPD

On Tuesday, Rapid7 Inc [NASDAQ:RPD] saw its stock jump 3.09% to $24.34. Over the last five days, the stock has gained 1.46%. Rapid7 Inc shares have fallen nearly -39.50% since the year began. Nevertheless, the stocks have fallen -32.43% over the past one year.

How much short interest is there in Rapid7 Inc?

A steep rise in short interest was recorded in Rapid7 Inc stocks on 2025-05-15, growing by 0.55 million shares to a total of 3.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 3.33 million shares. There was a rise of 14.24%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 16, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.

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